7405/7409 Wayne Trace, Fort Wayne, IN 46816
Local realty services provided by:ERA Crossroads
Listed by: jacob wagnerCell: 317-448-8852
Office: coldwell banker real estate group
MLS#:202606096
Source:Indiana Regional MLS
Price summary
- Price:$789,900
- Price per sq. ft.:$288.71
About this home
Unique opportunity to acquire a 1.27-acre C2 zoned property featuring both a 2,947 SF restaurant/bar and a 2,736 SF, 4-bedroom residential home, all positioned at 7405/7409 Wayne Trace in Fort Wayne, Indiana. The commercial building operates as an income-producing bar/restaurant, while the residential home offers additional rental income owner-occupant flexibility, or Multifamily redevelopment. The home has received recent updates including renovated kitchen and bathrooms, and both the house and bar feature new roofs, reducing near-term capital expenses. Strategically located next to the new Google Data Center, this property is ideally positioned to benefit from continued area growth, increased employment density, and long-term appreciation. Zoned C2, the site allows for a wide range of commercial uses, offering investors future redevelopment potential or owner/users the ability to operate their business while generating supplemental income from the residence. This is a rare mixed-use opportunity combining stable income, with some updates already completed/ room for value add, and strong upside potential in a rapidly expanding corridor....
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Home facts
- Year built:1920
- Listing ID #:202606096
- Added:48 day(s) ago
- Updated:April 15, 2026 at 03:13 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:1
- Rooms Total:8
- Dining Description:Main Level
- Kitchen Description:Dishwasher, On Main Level, Refrigerator
- Basement Description:Full Basement, Outside Entrance
- Living area:1,824 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1920
- Building area:1,824 sq. ft.
- Lot area:1.78 Acres
- Lot Features:Corner
- Architectural Style:Ranch, Two Story
- Construction Materials:Vinyl
- Levels:2 Stories
Schools
- High school:New Haven
- Middle school:Paul Harding
- Elementary school:Southwick
Utilities
- Water:Well
- Sewer:City
Finances and disclosures
- Price:$789,900
- Price per sq. ft.:$288.71
- Tax amount:$1,800
Features and amenities
- Laundry features:In Basement
Parking
- Parking description:Attached
- Garage spaces:2
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